Chris S
Legendary Member
- Location
- Birmingham
Companies like Raisin hold their clients money in trust and then buy bonds on their behalf with banks like QIB.
Money held at QIB is protected up to £85,000 per customer. Who is the customer, the client or Raisin?
Am I correct in thinking that if it's Raisin then their total deposits with the bank are only protected up to £85,000?
Money held at QIB is protected up to £85,000 per customer. Who is the customer, the client or Raisin?
Am I correct in thinking that if it's Raisin then their total deposits with the bank are only protected up to £85,000?
